By Own Correspondent| Chinese charge d’affairs in Zimbabwe, Zhao Baogang has refuted allegations that his country was exploiting Africa saying that the relationship between Africa and China was mutually beneficial.

Addressing the media ahead of the Forum on China Africa Co-operation (Focac), Baogang said the reports were misleading since China applied its principles of sincerity, practical results and affinity when dealing with Zimbabwe.

Said Baogang:

“Sometimes I also see such kind of allegations, that we are exploiting Africa. But when we see the co-operation between China and African countries, we always adopt our principles of sincerity, practical results and affinity and just real results and good faith.

China promised $60 billion in loans to African countries. Since then, in the past three years, almost 90% of the loans have been disbursed or have been decided on those projects.”